PROTECTED SOURCE SCRIPT
Ozgur TELEK Elite Scalper
Breakout Strategy: If the price breaks above the Red Resistance line with a high-volume candle and the “BUY” signal lights up at the same time, this is the trade with the highest success rate.
Support Reversal: If the price touches the Green Support line and bounces upward while the “BUY” signal is lit, you can enter the trade with a very short stop distance (just below the support).
False Signal Filter: If the “BUY” signal is lit but the price is just below the Red Resistance line, do not enter without waiting for the breakout. It may reverse from the resistance.
Translated with DeepL.com (free version)
Support Reversal: If the price touches the Green Support line and bounces upward while the “BUY” signal is lit, you can enter the trade with a very short stop distance (just below the support).
False Signal Filter: If the “BUY” signal is lit but the price is just below the Red Resistance line, do not enter without waiting for the breakout. It may reverse from the resistance.
Translated with DeepL.com (free version)
Protected script
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.